Close Menu
Chain Tech Daily

    Subscribe to Updates

    Get the latest creative news from FooBar about art, design and business.

    What's Hot

    Memecoin platform Pump.fun raises $600 million in 12 minutes

    July 12, 2025

    SUIBABot — Telegram Trading Bot For SUI — Overview – Check NOW! (July 2025)

    July 12, 2025

    H100 Group leads with $54m investment, Agora Finance raises $50m

    July 12, 2025
    Facebook X (Twitter) Instagram
    Chain Tech Daily
    • Altcoins
      • Litecoin
      • Coinbase
      • Crypto
      • Blockchain
    • Bitcoin
    • Ethereum
    • Lithosphere News Releases
    Facebook X (Twitter) Instagram YouTube
    Chain Tech Daily
    Home » Ethereum Rival Cardano Surges This Week As Crypto Giant Grayscale Files ADA ETF Application
    Altcoins

    Ethereum Rival Cardano Surges This Week As Crypto Giant Grayscale Files ADA ETF Application

    Benjamin LeeBy Benjamin LeeFebruary 14, 20252 Mins Read
    Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    Share
    Facebook Twitter LinkedIn Pinterest Email


    Cardano has managed to outshine a large percentage of the digital asset market this week amid news that the crypto asset management firm Grayscale wants to create a spot ADA exchange-traded fund (ETF) for the smart contract platform.

    The ETF and securities exchange NYSE Arca, a subsidiary of the New York Stock Exchange, submitted a filing with the U.S. Securities and Exchange Commission (SEC) on Monday to propose listing the Grayscale Cardano Trust, which, if approved, would be the first-ever ADA ETF.

    ADA is trading at $0.804 at time of writing. The 9th-ranked crypto asset by market cap is up nearly 2% in the past day and more than 12% in the past week. By comparison, the overall crypto market cap is down nearly 3% in the past 24 hours and up less than 2% in the past seven days.

    The SEC greenlit the first spot market Bitcoin (BTC) ETFs in January 2024, bringing in billions of dollars worth of inflows to the top digital asset by market cap. The regulator subsequently approved Ethereum (ETH) ETFs for trading in July.

    Grayscale already offers Bitcoin and Ethereum ETFs, as well as “mini” versions of both funds. The crypto asset management firm also hopes to launch Dogecoin (DOGE), Solana (SOL) and XRP ETFs, none of which have been approved yet by the SEC.

    Don’t Miss a Beat – Subscribe to get email alerts delivered directly to your inbox

    Check Price Action

    Follow us on X, Facebook and Telegram

    Surf The Daily Hodl Mix

    &nbsp

    Disclaimer: Opinions expressed at The Daily Hodl are not investment advice. Investors should do their due diligence before making any high-risk investments in Bitcoin, cryptocurrency or digital assets. Please be advised that your transfers and trades are at your own risk, and any losses you may incur are your responsibility. The Daily Hodl does not recommend the buying or selling of any cryptocurrencies or digital assets, nor is The Daily Hodl an investment advisor. Please note that The Daily Hodl participates in affiliate marketing.

    Generated Image: Midjourney





    Source link

    Share. Facebook Twitter Pinterest LinkedIn WhatsApp Reddit Tumblr Email
    Benjamin Lee

    Related Posts

    Altcoins July 12, 2025

    Bitcoin Could Explode by 112% Before End of Year, According to Analyst Michaël van de Poppe – But There’s a Catch

    Altcoins July 12, 2025

    Chainlink, Avalanche and Stellar Dominate Santiment’s New Development Rankings for Real-World Asset (RWA) Projects

    Altcoins July 11, 2025

    Top US-Based Crypto Exchange by Trading Volume Coinbase Adds Support for DeFi Tokens SKY and USDS

    Altcoins July 11, 2025

    Crypto Analyst Says Solana Rival on Cusp of Breakout, Updates Outlook on Bitcoin and Ethereum

    Altcoins July 11, 2025

    Why is ZK proof altcoin Lagrange (LA) dropping amid a rally in crypto market

    Altcoins July 11, 2025

    HBAR price soars as South Korean trading app Salt launches on Hedera

    Leave A Reply Cancel Reply

    Don't Miss
    Crypto July 12, 2025

    Memecoin platform Pump.fun raises $600 million in 12 minutes

    In a week when Bitcoin set a fresh record high, the crypto crowd reminded everyone…

    SUIBABot — Telegram Trading Bot For SUI — Overview – Check NOW! (July 2025)

    July 12, 2025

    H100 Group leads with $54m investment, Agora Finance raises $50m

    July 12, 2025

    TonTradingBot — The Best Telegram Trading Bot For TON network (July 2025)

    July 12, 2025
    Stay In Touch
    • Facebook
    • Twitter
    • YouTube
    • LinkedIn
    Our Picks

    Memecoin platform Pump.fun raises $600 million in 12 minutes

    July 12, 2025

    SUIBABot — Telegram Trading Bot For SUI — Overview – Check NOW! (July 2025)

    July 12, 2025

    H100 Group leads with $54m investment, Agora Finance raises $50m

    July 12, 2025

    TonTradingBot — The Best Telegram Trading Bot For TON network (July 2025)

    July 12, 2025

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    Don't Miss
    Crypto July 12, 2025

    Memecoin platform Pump.fun raises $600 million in 12 minutes

    In a week when Bitcoin set a fresh record high, the crypto crowd reminded everyone…

    SUIBABot — Telegram Trading Bot For SUI — Overview – Check NOW! (July 2025)

    July 12, 2025

    H100 Group leads with $54m investment, Agora Finance raises $50m

    July 12, 2025

    TonTradingBot — The Best Telegram Trading Bot For TON network (July 2025)

    July 12, 2025

    Subscribe to Updates

    Get the latest creative news from SmartMag about art & design.

    Stay In Touch
    • Facebook
    • Twitter
    • Pinterest
    • Instagram
    About Us
    About Us

    ChainTechDaily.xyz delivers the latest updates and trends in the world of cryptocurrency. Stay informed with daily news, insights, and analysis tailored for crypto enthusiasts.

    Our Picks

    For Many Women, The Pain Of The Pandemic Led To Stronger Friendships

    January 15, 2020

    How A ‘Healthy’ Lifestyle Can Be Making You Tired

    January 15, 2020

    Fashion Influencers To Follow On Instagram In 2021

    January 15, 2020
    Lithosphere News Releases

    Imagen Network Deploys XRP-Based Modules to Expand Liquidity Support for Web3 Social Frameworks

    July 11, 2025

    Imagen Network (IMAGE) Launches RLUSD-Based Components for Stable AI-Powered Social Transactions

    July 10, 2025

    Imagen Network (IMAGE) to Integrate Advanced Llama 4-Based AI for Multimodal Personalization

    July 9, 2025

    Imagen Network (IMAGE) Taps Grok AI to Power Scalable Personalization in Decentralized Social Systems

    July 8, 2025
    X (Twitter) Instagram YouTube LinkedIn
    © 2025 Copyright

    Type above and press Enter to search. Press Esc to cancel.